Comments on: Lotteries: Mathmatically speaking, they’re not really a tax on the stupid http://rick.measham.id.au/200812/lotteries/ Random thoughts from a random brain Wed, 01 Sep 2010 01:36:52 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Smokey http://rick.measham.id.au/200812/lotteries/comment-page-1/#comment-156 Smokey Thu, 26 Mar 2009 06:32:51 +0000 http://rick.measham.id.au/?p=119#comment-156 The $30m was for division 1 only. This from the Tattersals website: Division Prize Pool Winners 1 $30,000,000.14 22 provisional Winners of $1,363,636.37 each. The $30m was for division 1 only. This from the Tattersals website:

Division Prize Pool Winners
1 $30,000,000.14 22 provisional Winners of $1,363,636.37 each.

]]> By: Tom Jewell http://rick.measham.id.au/200812/lotteries/comment-page-1/#comment-136 Tom Jewell Mon, 12 Jan 2009 09:26:00 +0000 http://rick.measham.id.au/?p=119#comment-136 But if they are offering $30 million megadraw then the chances are they are getting more than that in (off course mega draws may well be a bit different on that front). So it is quite likely a second person will also have the 6 numbers. You can consider if you are playing lotteries to try and increase your expected return. I.e Reduce the chances of how many people you share winning pool with. Certain numbers are likely to be chosen more often (dates of birth, first 6 numbers). Problem with this sort of technique is you don't know how many other people are doing it. But if they are offering $30 million megadraw then the chances are they are getting more than that in (off course mega draws may well be a bit different on that front). So it is quite likely a second person will also have the 6 numbers.

You can consider if you are playing lotteries to try and increase your expected return. I.e Reduce the chances of how many people you share winning pool with. Certain numbers are likely to be chosen more often (dates of birth, first 6 numbers). Problem with this sort of technique is you don’t know how many other people are doing it.

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